SecMark Consultancy Limited (SECMARK.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-376.8%

-₹417.80

vs ₹150.94 price

Levered DCF

-₹354.10

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

5.37

Safe zone

Rating

C+

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	44.81×	20.77×	-40.43×	-18.72×	36.92×	53.49×	91.41×	100.16×
P/B	4.91×	4.35×	6.13×	5.34×	4.15×	4.03×	17×	31.82×
P/S	3.06×	2.54×	3.99×	5.6×	6.7×	11.07×	12.73×	24.89×
EV / EBITDA	12.07×	7.77×	56.52×	-24.98×	18.79×	37.03×	41.98×	66.8×
Gross margin	36.8%	77.6%	73.0%	57.0%	65.3%	59.2%	46.4%	51.5%
Operating margin	6.4%	14.7%	-11.6%	-42.6%	20.4%	31.7%	26.5%	34.7%
Net margin	6.8%	12.2%	-9.9%	-29.9%	18.1%	20.7%	18.9%	24.9%
Current ratio	1.35×	1.64×	0.89×	1.34×	4.32×	0.98×	1.6×	0.47×
Debt / equity	0.55×	0.32×	0.69×	0.56×	0.05×	0.04×	0.27×	0.14×
Interest coverage	10.21×	13.32×	-2.74×	-19.94×	74.93×	28.67×	17.91×	111.02×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	11.0%	20.9%	-15.2%	-28.5%	11.2%	7.6%	25.2%	31.8%
Return on invested capital	4.8%	14.2%	-7.8%	-19.5%	8.7%	8.7%	20.1%	27.2%
Return on assets	5.3%	12.7%	-7.8%	-16.9%	9.7%	6.7%	17.4%	19.7%
Free cash flow yield	4.0%	10.9%	-2.8%	-6.8%	-7.6%	0.3%	-0.4%	0.8%
Earnings yield	2.2%	4.8%	-2.5%	-5.3%	2.7%	1.9%	1.5%	1.0%
Enterprise value	₹1B	₹792.9M	₹1.1B	₹1.1B	₹886.7M	₹848.6M	₹727.3M	₹974.5M
Net debt / EBITDA	-1.77×	-0.97×	5.71×	-1.87×	-1.86×	0.38×	0.63×	0.26×
Cash conversion cycle (days)	-69	-137	-151	-44	-16	76	64	69